You are here

Money World

Recently, I had purchased an American Express Membership card from an executing standing at the store. They said they are having best offers. However the card carries a joining fee of Rs. 1000 and renewal fee of Rs. 4500. I was surprised to know later that Amex is selling the same card online with no joining fee and no renewal fee. My colleague from same company and same salary slab got a card online on the same week but with no joining fee and no renewal fee, and some vouchers too.

Credit Information Report (CIR) summarizes your payment history of loans and credit cards borrowed from all banks and financial institutions. Based on this credit history, a ‘Credit Score’ is generated. The CIBIL Score is a 3-digit number ranging from 300-900. The closer your score is to 900, the stronger your credit profile, and better chance of getting loans in best interests (based on most advertisements).

PNB Housing Limited collects blank signed papers from customers in the name of loan processing. Interestingly, the blank pages we had to sign already was notary attested. I am not going into the legality of that now, but I was frustrated about adding details there which we had clearly asked not to do; especially enrolling people to Tata AIG insurance without consent.

Bad customer service, slow systems, lack of responsibility and trustworthiness from customer service representatives have made me cancel my Citibank Salary account (Suvidha) in a week.

The representative had come to my office (9590386113), took all documents and I had filled in the form as she had suggested. Later account was activated, but I got a mail telling my ready creadit feature (one of the major highlists they say during account promotion) was not activated.

If this is your first visit, be sure to check out the FAQ. You may have to register before you can post. To start participate in discussions, select the forum that you want to visit from the forums page. If you still have queries, please contact us and we would be more than happy to help you.